Godrej Consumer Q1 net jumps 67%

Godrej Consumer Products reported a 67 percent rise in first quarter net profit on sales that rose 47 percent helped by acquisitions.

For the three months ended June 30,the company’s net profit came in at 1.16 billion rupees on sales of 6.43 billion rupees. The company said these numbers are not comparable to those a year earlier due to acquisitions.

It will pay an interim dividend of 1 rupee per share,it told the Bombay Stock Exchange in a statement on Saturday.